Help to Buy – bad credit

Help to Buy House

Help to Buy

Yes, you can mix Help to Buy and Bad Credit

We are pleased to note that the first specialist lender has entered the Help to Buy mortgage guarantee market this week.

This is excellent news for those with a 5% or 10% cash deposit available but a chequered credit history.

This will be of use to those with:

  • County Court Judgements or Defaults registered over 36 months ago
  • Mortgage arrears incurred over 12 months ago
  • No more than two consecutive missed payments on any unsecured lending in the past 36 months

Our new provider does not work on a credit scoring basis so will be prepared to accept a small amount of bad credit history in line with the limits above.

What is more, they are offering a 5.28% mortgage rate with a 5% deposit and 4.98% mortgage with a 10% deposit – extremely competitive.

Call us now on 020 8979 9684

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